ashley: chile, taiwan, italy. not so great. >> unfortunately for chile, doesn't have anything going on for it. the third most expensive country to follow, high risk, no momentum, unfortunate for them. italy cheap, everything else is a disaster. taiwan less risky, poor evaluations, poor momentum, poor fundamentals. ashley: appreciated, thank you for being here. tracy: everything isn't a disaster. they are lovers. it is all you need. to live on nothing. liz claman takes us through the last hour of trading talking of fiscal cliff and housing demand. plus, imax ceo is there to talk movies. "countdown to the closing bell" is next. don't go anywhere.